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Thread: Why the Keystone pipeline would boost pump prices

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    Re: Why the Keystone pipeline would boost pump prices

    Replacing oil as the primary transportation fuel will lower pump prices. Short of that, they're only going up.

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    Re: Why the Keystone pipeline would boost pump prices

    Quote Originally Posted by tererun View Post
    Why the Keystone pipeline would boost pump prices - NBC News.com



    So why do the oil companies really want the oil pumped way down to texas as opposed to just refining it for US sales in the north? It seems that oil is not able to find a global market due to it being landlocked. This means it is already being distributed at lower costs to the american midwest keeping their gas prices down. When it gets pumped to texas it will be able to be placed into global markets which will in turn increase it's value. Isn't it amazing how stupid it sounded to some of us to go through the expense of a cross country pipeline just to get this oil to texas for something they could do elsewhere? Yet we hear from conservative tools that texas is the only place that can handle this and we will all reap the benefits of cheaper gasoline and oil if we sacrifice for this insane plan. in the end we find that it is really just a marketing ploy to get more profit from oil for the oil companies while screwing the rest of us over.

    Perhaps they should rename drill baby drill to screw them baby screw em?
    This article doesnt use common sense. Oil prices are based on global speculation (based on supply and demand). More oil entering the market means speculators will guess global oil prices down, which means market prices down, which means gas prices down globally (everything else being equal).

    The alternative is the oil will be shipped on trains and trucks, which will derail and explode, to the coast and then off to foreign refineries.

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    Re: Why the Keystone pipeline would boost pump prices

    And this is before we even get to the idea that its none of the federal govts business whether the pipeline gets built. The states want it, the coporations are paying for it, it doesnt impact the environment. The federal govt doesnt have the power to forbid it. Maybe its time to sue them again, just like they had to do over gulf drilling moritorium.

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    Re: Why the Keystone pipeline would boost pump prices

    Quote Originally Posted by DVSentinel View Post
    And Oklahoma and several other states.
    If Oklahoma didn't suck then Texas would get even less rain from those wonderful gulf breezes.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Why the Keystone pipeline would boost pump prices

    Quote Originally Posted by jonny5 View Post
    And this is before we even get to the idea that its none of the federal govts business whether the pipeline gets built. The states want it, the coporations are paying for it, it doesnt impact the environment. The federal govt doesnt have the power to forbid it. Maybe its time to sue them again, just like they had to do over gulf drilling moritorium.
    In this day and age the government elites believe that EVERYTHING is their business...From the toilet you flush, to the soda you drink....What we are witness to is the transition from "soft tyranny" to full, and exposed tyranny. The question is how far will we allow it to go.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: Why the Keystone pipeline would boost pump prices

    Quote Originally Posted by tererun View Post
    yeah, except for the gas prices being over 20 cents more per gallon because the gas they get now has to be shipped up to them from texas refineries who sell on a global market instead of shipped down to them from canada.
    Increasing the supply of a commodity in high demand is a good thing economically. It's a global market. If you can't wrap your head around that concept, nobody can help you.

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    Re: Why the Keystone pipeline would boost pump prices

    Quote Originally Posted by j-mac View Post
    In this day and age the government elites believe that EVERYTHING is their business...From the toilet you flush, to the soda you drink....What we are witness to is the transition from "soft tyranny" to full, and exposed tyranny. The question is how far will we allow it to go.
    Based on recent history, I would say we are going to allow the federal govt to do anything it wants.

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    Re: Why the Keystone pipeline would boost pump prices

    Quote Originally Posted by jonny5 View Post
    Based on recent history, I would say we are going to allow the federal govt to do anything it wants.
    Sadly, I have to agree based on what I see today....It is not the country I grew up in anymore.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: Why the Keystone pipeline would boost pump prices

    Quote Originally Posted by tererun View Post
    So your evidence this is not true is the effect of the pipeline that causes oil prices to rise in the midwest. Doesn't that mean the effects are true?
    No it means that you are talking about an issue that folks have figured out how to move the oil around already. Your data is dated, and by your response you do not even understand the issue.

    What environmentalists are trying to do is stop oil sands development in Canada and use dupes on the left to fight their battle with specious arguments that they do not understand economics or how the oil market works.

    Sad really, shows how interest groups and political parties can dupe semi-informed folks who are passionate, run with dated or half-truths.

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    Re: Why the Keystone pipeline would boost pump prices

    Quote Originally Posted by j-mac View Post
    Sadly, I have to agree based on what I see today....It is not the country I grew up in anymore.
    It sure as hell ain't the country I repeatedly put my ass on the line and later became disabled for, thats for damned sure.
    Only a fool measures equality by results and not opportunities.

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